ASX 200 rises for second day as Coles surges on earnings
The S&P/ASX 200 jumped 0.7 per cent to 9164.60, with Coles surging 4.9 per cent after posting $1.09 billion profit.
Why it mattersShare portfolios and superannuation balances grow when the market gains. The RBA's rate hold signals patience ahead, affecting when borrowing costs might fall.
AustraliaAustralian investors holding shares or ETFs see portfolio gains. The RBA's decision not to cut rates means mortgage holders face unchanged loan costs for now.
✓ Claims checked; 1 flagged for review. checked 9 h ago
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